Finisar, which makes vertical cavity surface emitting lasers (VCSEL), which power the dot projector that Apple users on the iPhone X facial recognition system, has purchased a 700,000 square foot production facility that should begin manufacturing in the second half of 2018.
Located in Sherman, Texas, the plant is believed to be the result of Apple granting final qualification to the company, which means that Finisar can greatly expand production and supply more parts for future iPhone models.
Major revenue boost next year
Finisar is the second largest VCSEL array supplier after Lumentum, and Loup Ventures analyst Gene Munster <a href="http://loupventures.com/key-iphonex-… (read more)
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